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Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Established in 1962 and wholly owned by the Government of Sri Lanka, it is the largest oil company in Sri Lanka. It was formed in 1961 by nationalisation and expropriation of all private oil companies in Sri Lanka at the time of its formation. [4]
Chevron Lubricants Lanka PLC is a manufacturer, distributor and marketer of Petroleum-based lubricants in Sri Lanka. The company is one of the constituents of the S&P Sri Lanka 20 Index [ 2 ] and the Chevron Corporation holds a controlling stake (51.00%) of the company's stocks. [ 3 ]
The Ratnam Survey in 1948, the Sansoni Survey in 1954 and the Jayaratna Perera Survey in 1956 studied the bus services in Sri Lanka and all recommended that the companies should be nationalised. The history of Sri Lanka Transport Board goes back to 1 January 1958; at the time known as the Ceylon Transport Board (CTB).
Roads account for about 93 percent of Sri Lanka's land transport. In 2022, there were 12,255.401 kilometres (7,615.153 mi) of A- and B-class roads and 312.586 kilometres (194.232 mi) of expressways. The main modes of transportation in Sri Lanka are bus, motorcycles and passenger cars (including taxi service).
The following is a list of schools in Western Province, Sri Lanka. [1] Sri Lanka school system ... Ashoka English Medium School, Horana Don Pedrick College, Horana
The Sri Lankan economic crisis [8] is a in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
In July 2007, it was announced that steps had been taken to increase the SLTB bus fleet from 4,200 to 5,000 within the year, by importing engines to put sidelined buses into operation. At that time, the private bus fleet of Sri Lanka was 19,000 strong. Sri Lanka's transportation is much better nowadays when comparing to the olden days
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...